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Bloomberg reports the baht is the second-worst performing Asian currency this year, down almost 4% against the dollar, though it gained 0.5% in August. Analysts see the economy bottoming in the second half, and the Bank of Thailand has signaled it may act to limit rapid appreciation.
Currency weakness raises import costs for Thai feed buyers, while expected economic recovery could support domestic feed demand later.
canadanewsmedia.caHarry MillerAug 31, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
